Commercial property · Hobart CBD
Hobart CBD
Commercial leasing, management, and appraisals for owners in the Hobart CBD.
The Hobart CBD is a compact commercial core: sandstone heritage buildings, the waterfront and Salamanca at one edge, and a working grid of offices, retail, and hospitality in between. It is where the city's commercial tenancies concentrate, and where scarcity does the talking.
The Property Council of Australia's January 2026 Office Market Report put Hobart CBD office vacancy at 5.2 per cent, the lowest of any Australian capital. Space is tight, good tenants compete for it, and an owner who positions a tenancy well is negotiating from strength.
This is owner's work, and the lease is the value. It suits commercial landlords, investors holding CBD assets, and owners weighing what their premises could achieve. Our job is to make sure the tenancy, the covenant, and the terms are working for you.
Hobart CBD at a glance
The commercial core spans the Elizabeth Street mall and the Macquarie, Davey, and Collins Street blocks, running down to the waterfront and Salamanca.
Hobart CBD office vacancy sits at the lowest of any Australian capital, so well-positioned space is keenly sought.
Commercial leasing
We lease office, retail, and mixed-use premises for their owners. Positioning the tenancy, selecting the tenant, and structuring the lease are each treated as their own piece of work.
Commercial management
Lease administration done properly: rent reviews exercised on time, outgoings recovered as the lease provides, and reporting you can rely on.
Commercial appraisals
A considered view of what your CBD premises could achieve, prepared without charge and without obligation. Tell us about the asset and we arrange an inspection.
Own a commercial property in the Hobart CBD?
Start with a commercial appraisal. We assess the asset and its position in the current market, without charge and without obligation.
Prefer to talk? 1300 755 244 · info@parklaneproperty.co